What does Shinewell Leasing Limited do?

Shinewell Leasing Limited is a legacy NBFC incorporated in 1984, engaged in equipment leasing and small finance activities. It operates with minimal activity and is listed on the MSEI (Metropolitan Stock Exchange of India) with a market cap of approximately Rs. 2 Cr.

What is the value of Shinewell Leasing's NBFC license?

Shinewell Leasing holds an RBI-registered NBFC license for equipment leasing, which has intrinsic value as RBI has significantly tightened the grant of new NBFC registrations. This makes the company's primary asset its regulatory status rather than its operations.

Is Shinewell Leasing profitable?

Given its minimal operations and near-zero share price of Rs. 0.1, Shinewell Leasing is not generating meaningful profits. It functions as a quasi-dormant NBFC with a tiny balance sheet.

What is Shinewell Leasing's market cap?

Shinewell Leasing has an approximate market cap of Rs. 2 Cr at a share price of Rs. 0.1, reflecting its status as a dormant micro-NBFC with negligible operations.

Why do investors look at shell NBFCs like Shinewell Leasing?

Legacy NBFCs with active RBI registrations attract interest from promoters or entrepreneurs seeking to acquire an NBFC shell for back-door entry into financial services, avoiding the lengthy RBI licensing process. However, such acquisitions require RBI approval and are subject to regulatory scrutiny.

How do I buy Shinewell Leasing Limited unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Shinewell Leasing Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Shinewell Leasing Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Shinewell Leasing Limited Unlisted Share Price | Buy Shinewell Leasing Limited Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Shinewell Leasing Limited Unlisted Share Price | Buy Shinewell Leasing Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Shinewell Leasing Limited (CIN: L65910DL1984PLC019329) is a South Delhi-based listed NBFC/leasing company incorporated in 1984 and listed on MSEI. With a paid-up capital of just ₹24.90 lakh — one of the smallest listed financial intermediaries in India — the company reported a net loss of ₹8.32 lakh in FY2017. Financial filings appear to have lapsed after FY2017 and no meaningful revenue is discernible, placing this firmly in the near-dormant category.

Pros

Listed on MSEI — formally exchange-governed listed entity
Long incorporation history since 1984 — 40+ year existence
Maintains active company website (shinewellleasing.com)

Cons

FY2017 net loss of ₹8.32 lakh — loss-making even at minimal scale
Paid-up capital only ₹24.90 lakh — among the smallest listed NBFCs in India
Last available financial data from FY2017 — near-decade filing gap
Financial intermediation without deposit-taking — revenue base extremely thin
MSEI listing provides near-zero trading liquidity for investors

Business Segments

Financial intermediation and leasing (NIC: Financial Intermediation except Insurance and Pension Funding); South Delhi, Delhi

Revenue Model

Historically: Equipment leasing income (lease rentals) and related financial services income. Currently: negligible operational revenue from residual leasing activities on a minimal asset base.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Potential acquisition by a financial services group seeking an NBFC license through a shell route

RBI policy changes allowing legacy NBFCs to convert to more active financial services categories

Industry Tailwinds

Potential acquisition by a financial services group seeking an NBFC license through a shell route

RBI policy changes allowing legacy NBFCs to convert to more active financial services categories

Recent Developments

Financial disclosures appear to have lapsed after FY2017 — very limited recent public data

Company maintains active website and MSEI listing but at near-zero operational scale

Comparable Companies

CompanyTypeTickerMkt Cap

Various legacy micro-NBFCsSimilar dormant listed NBFC entities from the 1990sPeer——

Various legacy micro-NBFCsPeer

Similar dormant listed NBFC entities from the 1990s

Frequently Asked Questions

About Shinewell Leasing Limited

Shinewell Leasing Limited is an MSEI-listed micro-NBFC engaged in equipment leasing and small finance activities. The company has a tiny balance sheet with minimal operations. Like many legacy leasing NBFCs from the 1990s, Shinewell has struggled to find a scalable business model and represents a near-dormant listing. The company is registered with RBI as an NBFC.

Key Milestones

1984 — Incorporated as Shinewell Leasing Limited, ROC Delhi & Haryana, South Delhi

Listed on Metropolitan Stock Exchange of India (MSEI)

FY2017 annual report: Net profit fell from ₹7.06 lakh (FY2016) to loss of ₹8.32 lakh (FY2017)

Common questions about unlisted shares

How do I buy Shinewell Leasing Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Shinewell Leasing Limited

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